Ask Terry Questions Asset allocation and taxes

Asset allocation and taxes

By Terry Savage on June 17, 2024 | Financial Planning / Retirement

I have a ROTH , traditional IRA ,and taxable mutual fund with Vanguard . I would like to start managing it myself . I am in retirement and 62 . I don’t rely on the Vanguard money for income . So that being said can you give me tools or advice on allocating my assets I am a upper end of medium risk tolerance. I am thinking 70/30 stocks to bonds . Currently Vanguard has me at 50/50 and 20% of that is in bonds in my Roth 🙁 I need to figure out tax consequences of rearranging my portfolio myself along with my tax advisor . But I need tools and knowledge to help me . As always Thank You very much .

Terry Says

You sound like you’re confident about your investments — but the issue is tax planning as part of asset allocation.

I have a suggestion that you might find very helpful (and a second recommendation if you’re not a do-it-yourselfer!)

Try this:  Smarter Personal Financial and Retirement Planning Software ( — This was created by economist Larry Kotlikoff (my partner in the Social Security Horror Story expose).  It is unique and sophisticated — and designed exactly to answer questions such as the one you post.  Please write back and describe your experience.

But if you don’t want to do it on your own, I suggest a meeting with a fee-only, FIDUCIARY planner.

Find one you can trust here:  Pam Krueger Wealthramp – Terry Savage


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